Signify Financial Outlook and Performance

Professional Adjusted EBITA margin improved by 310 bps, mainly driven by operational leverage, footprint rationalization and lower indirect costs Sales (in EURM) & comparable sales growth (in %) 2.0% 13.7% 9.6% 5.4% 3.3% 10.4% -1.2% 6.5% -3.0% 3.2% 621 669 685 775 593 1Q17 2Q17 3Q17 4Q17 1Q18 CSG excl. KSA¹ Key observations for 1Q18 CSG of 3.2%; performance in Europe and the Rest of the World continued to be solid; Market conditions in the US continued to be soft, particularly for small- to medium-sized projects Market conditions in Saudi Arabia remained challenging, negatively impacting CSG by 220 bps 23 CSG incl. KSA¹ Adjusted EBITA (in EURm & as % of sales) 12.1% 5.2% 10.4% 2.1% 7.7% 13 52 71 94 31 1Q17 1Q18 2Q17 3Q17 4Q17 'KSA: Kingdom of Saudi Arabia • Adjusted EBITA margin increased by 310 bps to 5.2%, driven by: Operational leverage Manufacturing footprint rationalization Lower indirect costs Signify

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